Today's Energy Pulse
Scania pilots megawatt‑scale V2G for heavy‑duty electric trucks
Scania demonstrated one of the first vehicle‑to‑grid systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot showed bi‑directional power flow, allowing trucks parked at depots to feed electricity back to the grid, with real‑time communication between the truck, charger and energy‑management platform enabling dynamic charging and discharging. The test marks a step toward integrating large‑capacity EVs into grid balancing.
Also developing:
Orsted Profit Falls as US Impairments Offset Stronger Wind Generation
Orsted reported a first‑quarter profit decline in 2026, primarily driven by impairment charges on its U.S. wind assets. Despite the hit to net earnings, the company’s underlying earnings rose as both offshore and on‑shore wind generation increased. The impairments reflect lower power prices and project delays in the United States, offsetting the operational gains. Orsted’s broader wind portfolio remains strong, supporting its long‑term growth strategy.
US-Based Iron Mountain Partners with CleanMax to Power India Data Centres with Renewable Energy
Iron Mountain has signed a long‑term agreement with CleanMax Enviro Energy Solutions to supply renewable power to its Indian data‑centre portfolio. The hybrid solar‑and‑wind project will generate roughly 32 million kWh of clean electricity each year for facilities in Mumbai, Pune and...
RAC Fuel Price Warning: Why Drivers May Pay More Even as Oil Falls
The RAC warns UK drivers that a recent 5p‑per‑litre jump in wholesale fuel costs could push pump prices higher, even as crude oil prices have slipped. Petrol now sits around 157p/L (£2.00/$2.55) and diesel near 188p/L (£2.40/$3.05), meaning a typical...
Fraunhofer ISE Opens Perovskite-Silicon Tandem Scale-Up Lab
Fraunhofer Institute for Solar Energy Systems ISE has inaugurated the Pero‑Si‑SCALE laboratory in Freiburg to scale perovskite‑silicon tandem solar cells to 210 mm × 210 mm wafers using industry‑standard processes. The lab builds on a hybrid vacuum‑wet deposition route that has already surpassed 33%...
LNG FSRUs: Stable Infrastructure Returns in the Booming Global LNG Market – Top Fleet Owners to Watch
Floating Storage and Regasification Units (FSRUs) are reshaping the global LNG market by offering rapid deployment and lower capital costs compared to onshore terminals. Their flexibility has accelerated LNG adoption in emerging importers such as Egypt and helped bridge supply...
EU Approves State Plans to Compensate Companies for Carbon Pricing Costs to Keep Them From Relocating
The European Commission approved compensation schemes in Austria and Spain to offset higher electricity costs caused by the EU Emissions Trading System. Austria will provide up to €900 million (about $970 million) in refunds covering up to 75% of ETS‑related emissions costs,...
AEP Q1 2026 GAAP Earnings Rise 9% to $874m
American Electric Power reported Q1 2026 GAAP earnings of $874 million, up 9.3% year‑over‑year, while revenue climbed 10.2% to $6.02 billion. Segment earnings surged, with vertically integrated utilities and transmission & distribution units posting over 40% growth, offset by an 11% dip at...
Oswal Pumps Bags ₹162 Crore Solar Pump Order From Maharashtra Utility
Oswal Pumps Limited secured a ₹162.06 crore (~$19.5 million) order from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to supply and install 6,896 off‑grid DC solar photovoltaic water‑pumping systems. The contract, part of the central PM Kusum B “Magel Tyala Saur Krishi Pump” scheme, covers design, manufacture, transport,...
How to Retrofit Commercial PV Panels Into Photovoltaic-Thermal Modules
Brazilian researchers at the Federal University of Paraná experimentally retrofitted a standard 60 W polycrystalline PV panel with four rear‑mounted thermosyphons to create a photovoltaic‑thermal (PVT) module. Under real outdoor conditions the hybrid system reached total energy efficiencies of 45.7% on...
Aurora Trains Service Leavers for Wind
Scotland’s Aurora Energy Services has introduced a seven‑week Military‑to‑Wind training programme aimed at converting armed‑forces leavers with Level 3 engineering backgrounds into job‑ready wind‑energy technicians. The pilot, delivered at Aurora’s Renewable Energy Training Centre in Inverness, is jointly funded by the...
Wind Energy Producer EDPR's Recurring Profit Rises 9%, Beats Expectations
EDP Renewables posted a 9% rise in first‑quarter recurring net profit to €71 million (about $83 million), beating LSEG forecasts of €52.5 million. Revenue, excluding FX, held steady at €591 million ($692 million) while power generation climbed 3% to 11,300 GWh, with North America delivering 59%...
CNBC's UK Exchange Newsletter: It's Not the 1970s, but the Oil Shock Is Still Biting Hard
Rising oil and gas prices have pushed UK consumer price inflation to 3.3% and sparked concerns of a second‑round wage surge that could force the Bank of England to tighten policy. Electricity prices remain the highest among major economies, averaging...
Thunderstorm Damages Rooftop Plants, Raises Solar Panel Quality Concerns
A severe thunderstorm in Rajasthan damaged roughly 200 rooftop solar installations, exposing cracked panels, broken frames and displaced modules. Industry insiders say most of these systems are uninsured, leaving owners to absorb losses that can run into thousands of dollars....
Solar Power Drives Historic 600 TWh Surge in 2025
In 2025, Solar generation jumped 600 TWh, the biggest single-year leap for ANY source in history, to meet 25% of all new energy demand: Check out how the light-green bar for Solar exploded from ~0 in 2010 to 75% of...
US Gas Prices Break $4.5 per Gallon Mark
For the first time since 2022, US gasoline average retail price tops $4.5 per gallon.
India’s Grid Bottleneck Forces ReNew to Scale Back Power Generation, Limit Losses
ReNew Energy Global Plc is being forced to curtail up to 15% of its solar output on peak days as India’s transmission network struggles to absorb excess daytime generation. The bottleneck follows earlier incidents where nearly 40% of solar power...
Stable LNG FSRU Infrastructure Drives Strong Returns
LNG FSRUs: Stable Infrastructure Returns in the Booming Global LNG Market – Top Fleet Owners to Watch Investment case is compelling for top fleet owners (with 6 Charts and a table) Link: https://t.co/UY0J7Gk8Ox
European Gas Traders Hedge Winter Price Spikes with Options
Europe gas traders buy options to hedge for winter price spike https://t.co/j2ETUxgF1I via @priazrocha https://t.co/zKqrjD9rfO
India's Cows Offer Biogas Alternative to Mideast Energy Crunch
India’s reliance on imported liquefied petroleum gas (LPG) has been strained by supply disruptions linked to the Iran war, leading to long queues for cylinders in rural Uttar Pradesh. Villagers such as Gauri Devi are turning to biogas plants that...
Iran Enforces New ‘Sovereign’ Transit Rules in Strait of Hormuz, Mandates Prior Permits for Vessels
Iran has instituted a permit‑based system requiring all vessels to obtain electronic authorization before transiting the Strait of Hormuz, designating a specific maritime corridor for passage. The move, announced by the Persian Gulf Strait Authority and backed by the IRGC...
European Heat Pump Sales Surge Amid Rising Fossil Fuel Costs
🚀 Heat pump sales are surging across Europe and high fossil fuel prices appear to be a key driver. Q1 2026 data from the European Heat Pump Association shows: 🇩🇪 Germany: +34% 🇫🇷 France: +21% (300,000+ units in just one quarter 🇫🇮 Finland:...
SPML Infra Bags ₹1,128 Crore BESS Project From NTPC
SPML Infra Ltd won a ₹1,128 crore (≈ $136 million) contract from NTPC to build a 1 GWh battery energy storage system at the Barauni Thermal Power Station in Bihar. The 250 MW/1,000 MWh project, featuring 5 MWh DC containers, will be delivered over 18 months with a...
Vestas Reaches Highest Q1 Profitability Since 2018
Vestas reported its strongest first‑quarter profitability since 2018, with revenue climbing 14% to €4 bn ($4.7 bn). EBITDA rose to €400 m ($472 m) and net profit surged to €70 m ($83 m), up from €5 m a year earlier. The company’s order intake jumped 44% to...
Lithium Demand to Surge Sixfold by 2040, but Zimbabwe’s Role Limited by Refining Constraints
The OECD projects global lithium demand will rise almost sixfold by 2040, driven by electric‑vehicle sales and grid‑scale battery storage. Zimbabwe, Africa’s top lithium producer, currently accounts for about 9% of world output but is expected to fall to 6%...
Beyond Electrification: India’s EV Push Hinges on Power Storage, Critical Minerals, and Grid Readiness
At the Maharashtra Business Summit 2026, Indian policymakers and industry leaders warned that the country’s electric‑vehicle ambition hinges on three pillars: secure critical minerals, large‑scale energy storage, and a grid capable of handling renewable intermittency. The government unveiled a ₹34,000 crore...
Asean’s Next Generation of Biofuels Needs Resilience Beyond Blending
ASEAN is scaling first‑generation biodiesel and bioethanol to cut diesel and gasoline imports, with Indonesia targeting 14.2 bn L of biodiesel and Thailand using over 1 bn L each of ethanol and biodiesel in 2025. While these blends improve energy security, rising oil‑linked input...
Queanbeyan BESS Undergoing Return to Service Journey After Long Unplanned Outage
The Queanbeyan battery energy storage system (BESS) near Canberra has begun its return‑to‑service process after a prolonged unplanned outage. A snapshot from the Bids & Offers platform at 15:00 NEM time on 6 May 2026 shows the unit back online, albeit with some operational...
Pakistan Rushes to Secure LNG Amid Gas Shortage
Pakistan is urgently looking to buy more LNG to help ease its gas shortage 🇵🇰⚠️ The government is seeking two cargoes for May delivery. This comes after Pakistan recently bought its first spot shipment in over two years The Middle East conflict...
Farmers Welcome $10 Billion Fuel Security Package
Australia's Albanese government will allocate more than AUD 10 billion (≈ USD 6.6 bn) in the upcoming federal budget to a Fuel Security and Resilience package. The plan funds a AUD 7.5 bn (≈ USD 5 bn) Fuel and Fertiliser Security Facility, creates a government‑owned reserve of about one billion...
China Green Tech and Its Industrial Policy
China has become the world’s leading manufacturer of green technology, driven by domestic environmental and energy‑security concerns. The state’s industrial policy blends aggressive acquisition of foreign technology, generous subsidies, and a fiercely competitive domestic market, giving China production capacity that...
Survey Finds Most Australians Support Fuel Tax Credit Cap, and Didn’t Know Miners Pocketed so Many Billions
A nationwide online poll of 5,238 Australians found 77% support capping diesel fuel tax credits for the 20 largest mining firms at $50 million AUD (about $33 million USD) per year. While 51‑49% initially approved mining rebates, approval plunged to a 16%...
Plan on Lowering Energy Costs to Be Delivered by End of September
Ireland’s National Energy Affordability Taskforce will submit a comprehensive plan by the end of September to curb soaring energy costs for households and businesses. The government has already allocated €750 million (≈$820 million) for temporary fuel tax cuts and extended fuel allowances....
Georgia Power Begins Construction of Battery Storage System
Georgia Power broke ground on a 260 MW battery energy storage system (BESS) in Jefferson County, adjacent to the existing Wadley solar farm. The four‑hour, company‑owned BESS will be built by Burns & McDonnell and is slated for completion in 2027. Approved...
Homeowners Face Strict Steps to Secure £500 EV Charger Grant Before 2027 Deadline
The UK government’s home‑charging scheme now provides up to £500 (≈ $635) per installation, but only for households where fitting a charger is technically challenging. Eligibility is restricted to properties without a private driveway or garage, and applicants must secure approval...
National Fuel Reserve “Future-Proofed” In $10 Billion Plan, but Critics Say It Is “Junk Logic”
Australia announced a $10 billion AUD (~$6.6 billion USD) energy and fertiliser security package that will expand on‑shore fuel reserves to at least 50 days of supply. The plan includes a permanent, government‑owned reserve of about 1 billion litres funded at $3.2 billion AUD...
How Rooftop Solar and Home Batteries Became “Kryptonite” To Big Coal and the Fossil Fuel Industry
John Grimes, long‑time CEO of the Smart Energy Council, described rooftop solar and home batteries as the "kryptonite" of Australia’s fossil‑fuel lobby, pointing to the 2014 SRES scheme’s survival and the 2026 Cheaper Home Batteries program that has installed more...
NGOs & Transport Businesses Call for Maintaining Remote Sensing Provisions in the Roadworthiness Package
The European Commission’s 2025 Roadworthiness Package introduced binding requirements for EU Member States to deploy remote‑sensing systems that screen vehicle emissions and noise. A coalition of NGOs and transport groups warns that recent European Parliament amendments seek to strip away...
US Shale Oil Producers Are Wise to Avoid the Temptation of Higher Prices
U.S. shale producers are resisting the lure of record oil prices despite crude trading above $100 per barrel. While the Permian Basin’s break‑even for new wells has risen to $67 a barrel, operators face tight rig availability and supply‑chain constraints...
Trump and His Oil-and-Coal Oligarchy Should Face Sanctions for Their War on the Environment | Alexander Hurst
The opinion piece argues that Donald Trump’s administration is committing ecocide by dismantling environmental protections, accelerating fossil‑fuel extraction, and sabotaging renewable projects. It cites EPA rollbacks, offshore wind cancellations, massive logging, and seabed‑mining as evidence of systemic climate damage. The...
Rebate Frenzy Drives Record Home Battery Sales, Solar Doubles
Rebate “frenzy” shatters records for home batteries – and doubles year-on-year rooftop solar growth #energysky -- via Renew Economy: https://t.co/BqyqVsp0nt https://t.co/vLAjK6zWZG
China Purchases Iranian Oil Ahead of Trump's Beijing Visit
China is buying Iranian oil despite US sanctions. This is happening right before Trump makes his trip to Beijing. https://t.co/1J4eVbH5YU
Truckmaking Giants Favour Shareholder Payouts Over-Investing Into the Zero-Emission Transition
European truckmakers are increasingly allocating a larger share of revenue to shareholder payouts than to zero‑emission research, according to a Profundo analysis of 2019‑2025 reports. In 2025 average payouts reached 4.9% of revenue, overtaking R&D which fell to 4.4%, with...
Kongsberg Maritime to Supply Integrated Technology Package for Svitzer
Kongsberg Maritime has won a contract from Cochin Shipyard to supply a fully integrated equipment and technology package for Svitzer’s next‑generation full‑electric transverse tugs. The deal covers four vessels, with options for four more, and includes DC/AC switchboards, permanent‑magnet propulsion...
Neoen Powers up One of Australia’s Biggest Solar Farms, Co-Located Big Battery to Come
Neoen Australia has placed its 440 MW Culcairn solar farm into service, making it the company’s second‑largest solar asset worldwide. The 1,000‑hectare site, built with 760,000 panels and 600 peak‑construction workers, will generate enough electricity to power roughly 160,000 homes each...
CAISO CEO: Batteries Crucial for New Day-Ahead Market
CAISO CEO ‘expects batteries to play an important role’ in the newly launched Extended Day-Ahead Market #energysky -- via Energy Storage News: https://t.co/6s3O1ITTT4
Real Zero Means Not Having to Worry About Despots, Oligarchs, Fruitcakes and Invaders, Says Forrest
Andrew Forrest is accelerating Fortescue Metals' drive to eliminate diesel use, targeting "real zero" emissions by 2030 and a fully renewable power grid by 2025. The plan replaces 700 million litres of diesel—costing about $0.8 billion USD each year—with electric haul trucks,...
Oil Barrel Flows, Not Rhetoric, Reveal Gulf Conflict Reality
My secret formula for analyzing the Persian Gulf conflict? I ignore everything governments say and watch the barrels, says @pickeringenergy They’re not moving. Shipping through Hormuz is still at a trickle—single-digit daily transits versus ~120+ normally That tells you everything.
Iranian Mines Deter Tankers From Hormuz, Even in War
Clearing Iranian mines laid last month would take months during peace time. It's not feasible in a war zone. As long as this & other risks persist, few tanker owners will risk a Hormuz passage Under any circumstances. #OilMarkets #Hormuz
U.S. Farm Bill Adds Sustainable Aviation Fuel to Biofuel Definition, Opening Door to Incentives
The U.S. House approved the Farm, Food, and National Security Act of 2026, expanding the federal biofuel definition to include sustainable aviation fuel (SAF). The National Business Aviation Association praised the move, saying it clears a legal hurdle and could...
US Leaders Dismissed Full Hormuz Shutdown as Improbable
A full Hormuz shutdown was not taken seriously by the Trump administration, writes @AmyAHarder Also not by Biden or G.W. Bush It was considered "too improbable" I wonder what energy blind bozos they consulted on this matter #OilMarkets #EnergyRisk